The global lighting fixture market is expected to grow at a CAGR of 4.5% during the forecast period, from 2021 to 2030. The market is driven by factors such as increasing demand for energy-efficient lighting fixtures and growing awareness about the benefits of LED lighting fixtures. The residential segment accounted for the largest share in the global market in 2018, followed by industrial and commercial applications. North America was the leading region in terms of revenue generation, accounting for over one-third of total revenue generated globally in 2018.
Some Of The Growth Factors Of This Market:
- Lighting fixtures are a necessity in any home or office space.
- The need for lighting fixtures is expected to grow as the world population increases and more people move into urban areas where there is less natural light.
- Lighting fixtures are also needed in commercial spaces, such as retail stores, restaurants, and offices, which will drive demand for these products over the next five years.
- The increasing use of LED technology in lighting fixtures will also contribute to growth in this market over the next five years because LEDs have a longer lifespan than traditional incandescent bulbs and can be used with motion sensors to turn off when not needed or when nobody is present in an area of a building or home that has been designated as "off-limits.".
- As more countries adopt energy-efficient standards for buildings, such as LEED certification from the US, Canada Green Building Council (CaGBC), and BREEAM from Europe's Building Research Establishment Environmental Assessment Method (EEM), demand for lighting fixtures will increase because they help reduce energy consumption by using less electricity than traditional incandescent bulbs do while providing better illumination levels.
Industry Growth Insights published a new data on “Lighting Fixture Market”. The research report is titled “Lighting Fixture Market research by Types (Conventional lighting fixture, LED, Others), By Applications (Industrial and Commercial, Residential, Outdoor, Others), By Players/Companies Acuity Brands Lighting, Inc, Acuity Brands, Inc, American Electric Lighting, Bajaj Electricals Ltd, Cooper Lighting, LLC, Hubbel Lighting, Inc, Juno Lighting Group, Koninklijke Philips N.V, LSI Industries, Zumtobel Lighting GmbH”.
Scope Of The Report
Report Attributes
Report Details
Report Title
Lighting Fixture Market Research Report
By Type
Conventional lighting fixture, LED, Others
By Application
Industrial and Commercial, Residential, Outdoor, Others
By Companies
Acuity Brands Lighting, Inc, Acuity Brands, Inc, American Electric Lighting, Bajaj Electricals Ltd, Cooper Lighting, LLC, Hubbel Lighting, Inc, Juno Lighting Group, Koninklijke Philips N.V, LSI Industries, Zumtobel Lighting GmbH
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
236
Number of Tables & Figures
166
Customization Available
Yes, the report can be customized as per your need.
Global Lighting Fixture Market Report Segments:
The global Lighting Fixture market is segmented on the basis of:
Types
Conventional lighting fixture, LED, Others
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Industrial and Commercial, Residential, Outdoor, Others
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Acuity Brands Lighting, Inc
- Acuity Brands, Inc
- American Electric Lighting
- Bajaj Electricals Ltd
- Cooper Lighting, LLC
- Hubbel Lighting, Inc
- Juno Lighting Group
- Koninklijke Philips N.V
- LSI Industries
- Zumtobel Lighting GmbH
Highlights of The Lighting Fixture Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Conventional lighting fixture
- LED
- Others
- By Application:
- Industrial and Commercial
- Residential
- Outdoor
- Others
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Lighting Fixture Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
A lighting fixture is a device that uses light to produce an effect. Common types of fixtures include lamps, chandeliers, and ceiling fans.
Some of the major players in the lighting fixture market are Acuity Brands Lighting, Inc, Acuity Brands, Inc, American Electric Lighting, Bajaj Electricals Ltd, Cooper Lighting, LLC, Hubbel Lighting, Inc, Juno Lighting Group, Koninklijke Philips N.V, LSI Industries, Zumtobel Lighting GmbH.
The lighting fixture market is expected to register a CAGR of 4.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Lighting Fixture Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Lighting Fixture Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Lighting Fixture Market - Supply Chain
4.5. Global Lighting Fixture Market Forecast
4.5.1. Lighting Fixture Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Lighting Fixture Market Size (000 Units) and Y-o-Y Growth
4.5.3. Lighting Fixture Market Absolute $ Opportunity
5. Global Lighting Fixture Market Analysis and Forecast by Type
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Type
5.2.2. Y-o-Y Growth Projections by Type
5.3. Lighting Fixture Market Size and Volume Forecast by Type
5.3.1. Conventional lighting fixture
5.3.2. LED
5.3.3. Others
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Lighting Fixture Market Analysis and Forecast by Application
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Application
6.2.2. Y-o-Y Growth Projections by Application
6.3. Lighting Fixture Market Size and Volume Forecast by Application
6.3.1. Industrial and Commercial
6.3.2. Residential
6.3.3. Outdoor
6.3.4. Others
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Lighting Fixture Market Analysis and Forecast by Sales Channel
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Sales Channel
7.2.2. Y-o-Y Growth Projections by Sales Channel
7.3. Lighting Fixture Market Size and Volume Forecast by Sales Channel
7.3.1. Manufacturer/Distributor/Service Provider
7.3.2. Aftermarket
7.4. Absolute $ Opportunity Assessment by Sales Channel
7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel
8. Global Lighting Fixture Market Analysis and Forecast by Region
8.1. Market Trends
8.2. Introduction
8.2.1. Basis Point Share (BPS) Analysis by Region
8.2.2. Y-o-Y Growth Projections by Region
8.3. Lighting Fixture Market Size and Volume Forecast by Region
8.3.1. North America
8.3.2. Latin America
8.3.3. Europe
8.3.4. Asia Pacific
8.3.5. Middle East and Africa (MEA)
8.4. Absolute $ Opportunity Assessment by Region
8.5. Market Attractiveness/Growth Potential Analysis by Region
8.6. Global Lighting Fixture Demand Share Forecast, 2019-2026
9. North America Lighting Fixture Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.2. North America Lighting Fixture Market Size and Volume Forecast by Country
9.2.1. U.S.
9.2.2. Canada
9.3. Absolute $ Opportunity Assessment by Country
9.4. North America Lighting Fixture Market Size and Volume Forecast by Application
9.4.1. Industrial and Commercial
9.4.2. Residential
9.4.3. Outdoor
9.4.4. Others
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Lighting Fixture Market Size and Volume Forecast by Type
9.7.1. Conventional lighting fixture
9.7.2. LED
9.7.3. Others
9.8. Basis Point Share (BPS) Analysis by Type
9.9. Y-o-Y Growth Projections by Type
9.10. Market Attractiveness/Growth Potential Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By Application
9.10.4. By Sales Channel
9.11. North America Lighting Fixture Demand Share Forecast, 2019-2026
10. Latin America Lighting Fixture Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Latin America Average Pricing Analysis
10.2. Latin America Lighting Fixture Market Size and Volume Forecast by Country
10.2.1. Brazil
10.2.2. Mexico
10.2.3. Rest of Latin America
10.3. Absolute $ Opportunity Assessment by Country
10.4. Latin America Lighting Fixture Market Size and Volume Forecast by Application
10.4.1. Industrial and Commercial
10.4.2. Residential
10.4.3. Outdoor
10.4.4. Others
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Lighting Fixture Market Size and Volume Forecast by Type
10.7.1. Conventional lighting fixture
10.7.2. LED
10.7.3. Others
10.8. Basis Point Share (BPS) Analysis by Type
10.9. Y-o-Y Growth Projections by Type
10.10. Market Attractiveness/Growth Potential Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By Application
10.10.4. By Sales Channel
10.11. Latin America Lighting Fixture Demand Share Forecast, 2019-2026
11. Europe Lighting Fixture Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Europe Average Pricing Analysis
11.2. Europe Lighting Fixture Market Size and Volume Forecast by Country
11.2.1. Germany
11.2.2. France
11.2.3. Italy
11.2.4. U.K.
11.2.5. Spain
11.2.6. Russia
11.2.7. Rest of Europe
11.3. Absolute $ Opportunity Assessment by Country
11.4. Europe Lighting Fixture Market Size and Volume Forecast by Application
11.4.1. Industrial and Commercial
11.4.2. Residential
11.4.3. Outdoor
11.4.4. Others
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Lighting Fixture Market Size and Volume Forecast by Type
11.7.1. Conventional lighting fixture
11.7.2. LED
11.7.3. Others
11.8. Basis Point Share (BPS) Analysis by Type
11.9. Y-o-Y Growth Projections by Type
11.10. Market Attractiveness/Growth Potential Analysis
11.10.1. By Country
11.10.2. By Product Type
11.10.3. By Application
11.10.4. By Sales Channel
11.11. Europe Lighting Fixture Demand Share, 2019-2026
12. Asia Pacific Lighting Fixture Market Analysis and Forecast
12.1. Introduction
12.1.1. Basis Point Share (BPS) Analysis by Country
12.1.2. Y-o-Y Growth Projections by Country
12.1.3. Asia Pacific Average Pricing Analysis
12.2. Asia Pacific Lighting Fixture Market Size and Volume Forecast by Country
12.2.1. China
12.2.2. Japan
12.2.3. South Korea
12.2.4. India
12.2.5. Australia
12.2.6. Rest of Asia Pacific (APAC)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Asia Pacific Lighting Fixture Market Size and Volume Forecast by Application
12.4.1. Industrial and Commercial
12.4.2. Residential
12.4.3. Outdoor
12.4.4. Others
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Lighting Fixture Market Size and Volume Forecast by Type
12.7.1. Conventional lighting fixture
12.7.2. LED
12.7.3. Others
12.8. Basis Point Share (BPS) Analysis by Type
12.9. Y-o-Y Growth Projections by Type
12.10. Market Attractiveness/Growth Potential Analysis
12.10.1. By Country
12.10.2. By Product Type
12.10.3. By Application
12.10.4. By Sales Channel
12.11. Asia Pacific Lighting Fixture Demand Share, 2019-2026
13. Middle East & Africa Lighting Fixture Market Analysis and Forecast
13.1. Introduction
13.1.1. Basis Point Share (BPS) Analysis by Country
13.1.2. Y-o-Y Growth Projections by Country
13.1.3. Asia Pacific Average Pricing Analysis
13.2. Middle East & Africa Lighting Fixture Market Size and Volume Forecast by Country
13.2.1. Saudi Arabia
13.2.2. South Africa
13.2.3. UAE
13.2.4. Rest of Middle East & Africa (MEA)
13.3. Absolute $ Opportunity Assessment by Country
13.4. Middle East & Africa Lighting Fixture Market Size and Volume Forecast by Application
13.4.1. Industrial and Commercial
13.4.2. Residential
13.4.3. Outdoor
13.4.4. Others
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Lighting Fixture Market Size and Volume Forecast by Type
13.7.1. Conventional lighting fixture
13.7.2. LED
13.7.3. Others
13.8. Basis Point Share (BPS) Analysis by Type
13.9. Y-o-Y Growth Projections by Type
13.10. Market Attractiveness/Growth Potential Analysis
13.10.1. By Country
13.10.2. By Product Type
13.10.3. By Application
13.10.4. By Sales Channel
13.11. Middle East & Africa Lighting Fixture Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Lighting Fixture Market: Market Share Analysis
14.2. Lighting Fixture Distributors and Customers
14.3. Lighting Fixture Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. Acuity Brands Lighting, Inc
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Acuity Brands, Inc
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. American Electric Lighting
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Bajaj Electricals Ltd
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. Cooper Lighting, LLC
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. Hubbel Lighting, Inc
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. Juno Lighting Group
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. Koninklijke Philips N.V
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. LSI Industries
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. Zumtobel Lighting GmbH
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. COMPANY 11
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. COMPANY 12
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. COMPANY 13
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. COMPANY 14
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. COMPANY 15
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. COMPANY 16
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. COMPANY 17
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. COMPANY 18
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. COMPANY 19
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. COMPANY 20
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook